Favorable policies continue to be catalyzed, the concept of equipment renewal is expected to spread further, and the logic of going overseas may become a dark line in the market
Track the entire life cycle of the main sector
China Construction Machinery Industry Association: Sales of 24,980 excavators of various types fell 2.34% year on year in March 2024
March 2024 Construction Machinery Industry Major Product Sales Report
Tat Hong Equipment Eyeing SG$5 Million From Sale of Commercial Paper
Tat Hong Equipment Service (HKG:2153) is looking to raise between SG$3 million and SG$5 million from the issue of commercial paper in the form of Singapore dollar-denominated digital securities, a Wed
Dafeng Equipment (02153.HK) launches SGD 50 million SDAX multi-currency CP financing plan
Gelonghui, April 3, 丨 Dafeng Equipment (02153.HK) announced that on April 3, 2024, the company will launch a 50 million SGD multi-currency multi-series unsecured unpaid commercial paper financing plan (“SDAX multi-currency CP financing plan”). According to this, the company can use securities tokens on SDAX Exchange Pte. Ltd. (“SDAX Exchange”, a company incorporated in Singapore, is an accredited market operator and operated by the Monetary Authority of Singapore) issues and lists various series of commercial securities on the SDAX digital platform (“SDAX Platform”)
China Construction Machinery Industry Association: In January-February, China's construction machinery import and export trade volume was US$7.856 billion, up 6.3% year-on-year
The China Construction Machinery Industry Association disclosed the January-February construction machinery product import and export report.
Stable Growth Forecast for China's Machinery Makers This Year
China's machinery sector is expected to report year-on-year revenue and profit growth of 5 percent each this year, while exports are likely to increase by around 2 percent, industry experts estimated on Monday.
TAT HONG EQUIP: 2023/2024 INTERIM REPORT
Understand the 2023/2024 interim results of Dafeng Equipment (2153.HK) in one picture
Tat Fung Equipment Service (2153.HK), the first foreign-funded tower crane service provider established in China, announced its interim results for the six months ended September 30, 2023 (the “period”). Mr. Chiu Kwok-sun, CEO of Tat Fung Equipment Service Co., Ltd., said, “As the central government provides low-cost financing of at least 1 trillion yuan for urban village renovation, guaranteed housing projects, and the three major 'emergency dual-use' projects across the country, domestic demand (housing) is expected to increase, thereby boosting the real estate and infrastructure markets. Coinciding with the 10th anniversary of the “Belt and Road” initiative, the overall infrastructure project includes traditional infrastructure, new infrastructure, and energy
Downstream demand is picking up, and Dafeng Equipment (2153.HK) may enter a new round of growth
Since 2023, under the main tone of economic recovery, policy packages have been introduced one after another, bringing lasting impetus to the performance recovery of all walks of life. However, due to the influence of objective economic laws, the pace at which policy influence is transmitted to various industries is sequential, and the macro background of “strong expectations and weak reality” cannot be ignored. As the cornerstone of the national economy, the infrastructure, engineering and other industries are bound to play an important role in this stage of lasting economic recovery. In the context of the industry not completely recovering, the restoration of the performance of many outstanding enterprises in the industrial chain will also be delayed, yet their medium- to long-term growth momentum is getting stronger and stronger. 11/29
Tat Hong Equipment's Loss Narrows in Fiscal H1
Tat Hong Equipment Service's (HKG:2153) loss attributable to owners for the fiscal first half narrowed to 20.4 million yuan, or 0.02 yuan per share, from 41.9 million yuan, or 0.04 yuan per share, in
TAT HONG EQUIP: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Tat Hong Equipment Service to Shrink April-September Loss
Tat Hong Equipment Service (HKG:2153) expects a net loss of between 16 million yuan and 26 million yuan for the six months ended Sept. 30, down from 41.8 million yuan during the year-ago period. The c
Tat Fung Equipment (02153.HK) plans to hold a board meeting on November 29 to approve interim results
Gelonghui November 16 | Dafeng Equipment (02153.HK) announced that the board of directors would like to hold a board meeting on November 29, 2023 (Wednesday). The agenda includes (i) reviewing and approving the unaudited interim results of the company and its subsidiaries for the six months ended September 30, 2023 and their release, (ii) considering the payment of interim dividends (if any), and (iii) handling other matters.
China Construction Machinery Industry Association: Sales of 1,456 truck cranes of various types in October fell 10.9% year-on-year
According to statistics from the China Construction Machinery Industry Association on major grader manufacturers, 476 graders of various types were sold in October 2023, a year-on-year decrease of 21.2%, including 68 in China, a year-on-year decrease of 32.7%.
Zoomlion Heavy Industry Science and Technology Co., Limited sold 513.42 million common shares of Dafeng Equipment (02153.HK) off-market, worth approximately HK$101 million
On October 4, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on October 4, Zoomlion Heavy Industry Science and Technology Co., Limited sold $513.42 million common stock shares of $Dafeng Equipment (02153.HK) at an average price of HK$1,9767 per share on September 28, worth about HK$101 million. After the sale, Zoomlion Heavy Industry Science and Technology
Dafeng Equipment (02153.HK) received Tat Hong Equipment (China) Pte. Ltd. increased its OTC holdings of common stock by 51.42,000 shares, worth approximately HK$101 million
On September 6, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on September 6, Tat Hong Equipment (China) Pte. Ltd. increased its OTC shares of $Dafeng Equipment (02153.HK) at an average price of HK$1.9767 per share on August 31 by $513.42 million of common stock shares, worth approximately HK$101 million. After increasing holdings, Tat Hong Equipment (China) Pte. Ltd. The latest number of shares held was 854 million shares, and the ratio of good positions increased from 68.75% to 73.15%
TAT HONG EQUIP: Annual Report 2023
Dafeng Equipment (02153.HK)'s performance in fiscal year 2023 improved significantly, actively optimizing operations and management
On June 29, GLONGWI | DAFENG EQUIPMENT (02153.HK) announced that for the year ended March 31, 2023, the company's equity holders' losses were RMB 35.8 million, a decrease of RMB 83.4 million, or RMB 175.2%, from the year ended March 31, 2022. This reduction was mainly due to (i) a sharp increase in exchange losses from foreign currency loans and other foreign exchange risks of approximately RMB 37.2 million; and (ii) the COVID-19 outbreak and corresponding control measures (particularly in East China) caused delays and delays in some projects, which resulted in delays and delays in some projects
TAT HONG EQUIP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2023
Dafeng Equipment (02153.HK) held a board meeting on June 29 to review and approve the annual results
Glonghui, June 16, 丨 Tafon Equipment (02153.HK) announced that a board meeting will be held on June 29, 2023 (Thursday). The agenda includes (i) reviewing and approving the annual results of the company and its subsidiaries for the year ended March 31, 2023 and their publication, (ii) considering the proposed payment of a final dividend (if any), and (iii) dealing with other matters.
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